https://www.taxtmi.com/notifications?id=144027 A statutory track and trace mechanism mandates affixation and electronic storage of a prescribed unique identification marking on specified goods, requires furnishing of records and machinery details, and payment for system costs; a new penalty provision imposes an additional monetary penalty for contravention, alongside existing penalties. Related amendments clarify definitions (including "plant and machinery"), expand cross references to IGST provisions, modify statement and return requirements, condition output tax reductions on recipient reversal of input tax credit, require partial prepayment to appeal penalty only orders, and amend Schedule III treatment of SEZ/FTWZ supplies. en-us Wed, 30 Jul 2025 00:00:00 +0530 Wed, 20 Aug 2025 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=144027 A statutory track and trace mechanism mandates affixation and electronic storage of a prescribed unique identification marking on specified goods, requires furnishing of records and machinery details, and payment for system costs; a new penalty provision imposes an additional monetary penalty for contravention, alongside existing penalties. Related amendments clarify definitions (including "plant and machinery"), expand cross references to IGST provisions, modify statement and return requirements, condition output tax reductions on recipient reversal of input tax credit, require partial prepayment to appeal penalty only orders, and amend Schedule III treatment of SEZ/FTWZ supplies. Notifications GST - States Wed, 30 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=144027